News
Desenrola Fies: Find out how to get a discount on your student debt
6+ hour, 15+ min ago (595+ words) This week, the Ministry of Education (MEC) opened the deadline for joining Desenrola Fies 2026, a student loan debt renegotiation program with discounts that can reach 99% of the outstanding balance. The initiative is valid for contracts signed until 2017 and includes students…...
Press Release: Garrett Motion Announces Partial Repayment and Successful Repricing of Term Loan
8+ hour, 13+ min ago (14+ words) Moomoo...
Scholar Net Launches Six-Digit Private Student Loan Certification, Advancing Industry Readiness
1+ hour, 19+ min ago (251+ words) Private loan processing platform enables financial aid offices to certify individual private loans exceeding $99, 999, meeting demand driven by changes to federal graduate lending programs Scholar Net addressed this challenge by collaborating with major industry partners and leveraging an existing capability…...
Credit scores hit 12-year low as debt crisis deepens across US
9+ hour, 59+ min ago (485+ words) Credit scores just hit a twelve-year low as American debt spirals to record levels. The average FICO score dropped to 714, marking the steepest decline since 2014. Student loan repayments and mortgage delinquencies are crushing consumer finances alongside inflation hitting 3. 8% annually. Student…...
Ginnie Mae flags IMB outliers, TPP delinquencies, Show Me risk
2+ hour, 11+ min ago (572+ words) Ginnie Mae President Joseph Gormley said issuer risk has shifted toward IMBs, with some outliers holding risk-layered portfolios. He said FHA delinquency increases largely reflect TPP loans, and the agency is accelerating loan-level transfers and pursuing a partial claims fix…...
Daily 5 report for May 18: What's driving the rise in subprime car loans?
3+ hour, 35+ min ago (31+ words) Automotive News Daily 5 report for May 18: What's driving the rise in subprime car loans?...
Gen X Debt Crisis May 18: Student Loans Hit $48 K Average
8+ hour, 31+ min ago (334+ words) Gen X carries highest average student loan debt at $48, 203 for ages 50-61. Sandwich generation faces triple burden: mortgages, aging parents, and children's college costs. About 6. 4 million federal borrowers in Gen X struggle with debt repayment. The burden intensified as these borrowers…...
Bain trims pricing in refinancing of 2024 CLO
4+ hour, 27+ min ago (11+ words) Spread on triple-As cut by 19bp, single-B refinancing avoided...
Trust Bank, BB partners for two refinance schemes
9+ hour, 45+ min ago (160+ words) Trust Bank PLC has signed two agreements on Monday for refinance schemes initiated by Bangladesh Bank to support the development of CMSME clusters and MSMEs across the country. Deputy governor of BB Nurun Nahar presided over the signing ceremony, said…...
What is INvest Ed? Indiana's own student loan provider could see a surge in demand
15+ hour, 17+ min ago (939+ words) A little-known nonprofit created by Indiana lawmakers more than four decades ago could become a major lender for student loan borrowers. The Indiana Secondary Market for Education Loans " which operates under the name INvest Ed " issues private student loans at…...